3307.44
Waiver of rights.

(A)
Any person who is receiving an
allowance, as defined in section
3307.50 of the Revised Code,
benefit, or increase under this chapter may, at any time, waive the person's
rights thereto, or to a portion thereof, by filing a written notice of waiver
with the state teachers retirement board. Except as provided in division (B) of
this section, such waiver shall remain in effect until the first day of the
month following the person's death or the filing of the person's written
cancellation of such waiver with the board. Any amount so waived shall forever
be forfeited.

(B)
If a
beneficiary waives in writing all claim to any benefits under this chapter
prior to receipt of the first benefit, the waiver shall put into effect the
succession of beneficiaries as provided in division (C) of section
3307.562 of the Revised Code and
shall be irrevocable.